Trends - Trade - Business Recorder

Trade

Chinese iron ore futures rise on supply concerns

BEIJING: Chinese iron ore futures gained on Wednesday, bouncing back from losses in the previous session, amid...

Published 22 Jan, 2021 04:47am

Markets

UAE markets end lower

• Saudi Arabian benchmark registers weekly losses DUBAI: Major markets in the United Arab Emirates (UAE) ended...

Published 22 Jan, 2021 04:47am

Markets

Pakistan Mercantile Exchange - PMEX

ISLAMABAD: Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary...

Published 22 Jan, 2021 04:47am

Business & Finance

Euro clings to gains in Europe

LONDON: The euro clung to its gains on Thursday after the European Central Bank stuck to its monetary policy while...

Published 22 Jan, 2021 04:47am

Business & Finance

Bitcoin slumps 10pc

LONDON: Bitcoin slumped 10% on Thursday to a 10-day low, retreating further from record highs, with traders citing...

Published 22 Jan, 2021 04:47am

World

China calls for 'better angels' to prevail in reset with Biden's US

The Biden administration is also expected to keep the pressure on China over trade and human rights, after Trump launched a bruising trade war that imposed billions of dollars in tariffs on Chinese goods.

Published 21 Jan, 2021 05:20pm

Markets

Cotton futures gain

NEW YORK: ICE cotton futures rose on Wednesday, aided by a rally in equity markets, as increased likelihood of...

Published 21 Jan, 2021 04:23am

Markets

Euronext wheat ends little changed

PARIS: Euronext wheat ended little changed on Tuesday, pausing after an earlier 7-1/2 year high as traders awaited...

Published 21 Jan, 2021 04:23am

PM congratulates President Biden, looks forward to working for strong Pak-US partnership

“I congratulate President @JoeBiden on his inauguration. Look forward to working with @POTUS in building a stronger Pak-US partnership through trade & economic engagement, countering climate change, improving public health, combating corruption & promoting peace in beyond.”

Published 20 Jan, 2021 11:26pm

Pakistan

Kosovo wants to enhance trade, economic relations with Pakistan

Ilir Gugolli said that Kosovo was interested in developing sector-specific relations with Pakistan.

Published 20 Jan, 2021 06:25pm

Pakistan

President for enhanced trade, defence ties with friendly states

ISLAMABAD: President Dr Arif Alvi has urged all friendly countries to increase trade, investment, defence, and...

Published 20 Jan, 2021 04:29am

Markets

Australian, NZ shares higher

SYDNEY/WELLINGTON: Australian shares ended firmer on Tuesday, as mining and financial stocks recovered from sharp...

Published 20 Jan, 2021 04:29am

Pakistan

President for enhanced trade, defence ties with friendly countries

He added that Pakistan wanted to strengthen bilateral ties with friendly countries in all dimensions.

Published 19 Jan, 2021 06:29pm

Business & Finance

Egypt's trade balance deficit down 17% in 2020

Egyptian non-oil exports decreased 1% to $25.3 billion.

Published 19 Jan, 2021 02:21pm

Business & Finance

Pakistan Ascends to 111th Position in the Trading Across Border Index: FBR

Pakistan has improved its rankings by 31 positions in the Trading Across Border Index.
The country has also ascended 28 places in World Bank's 'Ease of Doing Business 2020' Index.

Published 19 Jan, 2021 01:08pm

World

Frankfurt airport traffic nosedives to lowest since 1984

FRANKFURT AM MAIN: The operator of Frankfurt airport said Monday that passenger numbers in 2020 plunged to their...

Updated 19 Jan, 2021 04:43am

Markets

China stocks climb

SHANGHAI: China stocks ended higher on Monday, as investors cheered better-than-expected gross domestic product ...

Published 19 Jan, 2021 04:22am

Business & Finance

Russian rouble slumps

MOSCOW: The rouble slumped on Monday, dragged down by weak oil prices and as investors weighed the risk of new...

Published 19 Jan, 2021 04:22am

Business & Finance

Economic recovery remains headstrong amidst pandemic, reveals PPI

ISLAMABAD: Policy Research Institute of Market Economy (PRIME) released its bi-monthly report on Pakistan Prosperity...

Updated 19 Jan, 2021 04:46am

Pakistan

PM for fast-tracking establishment of border markets along Afghan, Iran bordering areas

The prime minister expressed these views while presiding over a meeting here to review progress regarding the establishment of border markets in bordering areas with Afghanistan and Iran.

Published 18 Jan, 2021 11:36pm

Pakistan

Pakistan wants to further strengthen trade, economic cooperation with Vietnam: President

The President underlined the need to foster people-to-people contacts by promoting cooperation in the fields of tourism and education.

Published 18 Jan, 2021 06:46pm

Business & Finance

SBP Partners with FBR and PBS to Harmonize Trade Data

The State Bank of Pakistan (SBP) has decided to harmonize exports and imports data in collaboration with the Pakistan Bureau of Statistics (PBS) and the Federal Board of Revenue (FBR).

Published 18 Jan, 2021 03:11pm

Pakistan

China remains top importer, traded products over $4523mn in 5 months

The total imports from China during July-November (2020-21) were recorded at $4523.671 million showing an increase of 12.38 percent during the period.

Published 17 Jan, 2021 06:27pm

Pakistan

Gwadar Port, CPEC to promote regional connectivity, benefit Afghanistan, CARs: President

The president said the Gwadar Port would help make Pakistan the hub of transit trade in the region.

Published 15 Jan, 2021 11:44pm

Pakistan

PM for enhanced Pak-Azerbaijani trade, energy cooperation

During the meeting, views were exchanged on matters relating to bilateral relations, and regional and international issues.

Published 14 Jan, 2021 07:43pm

Pakistan

Pakistan, Azerbaijan discuss measures to enhance multiple cooperation

Qureshi said as per Prime Minister Imran Khan’s vision, Pakistan desired to enhance its economic ties with Azerbaijan.

Published 14 Jan, 2021 07:09pm

World

China's Xi pens letter to Starbucks tycoon to promote trade

US-China ties have grown increasingly strained under the administration of Donald Trump.

Published 14 Jan, 2021 06:01pm

Pakistan

Pakistan most desirous of peace, stability in Afghanistan: PM

The prime minister recalled his recent interaction with the Afghan leaders and underlined that Pakistan’s message to all sides was to work together for a peaceful solution.

Updated 13 Jan, 2021 12:12am

Pakistan

Azerbaijan keen to promote bilateral trade with Pakistan

The envoy said that Pakistani pharma companies have huge potential in his country and they should set up manufacturing plants in Azerbaijan.

Published 09 Jan, 2021 07:29pm

Markets

Trade activity remains stable on cotton market

KARACHI: The local cotton market remained stable on Friday. Market sources told that trading volume was a little bit...

Updated 09 Jan, 2021 03:11am

Gainers
Losers
Leaders

Stock	Price
First Fidelity Leas. / Jul 7 First Fidelity Leasing Modaraba(FFLM)	3.38 ▲ 0.87 (34.66%)
Unicap Modaraba / Jul 7 Unicap Modaraba(UCAPM)	2.00 ▲ 0.25 (14.29%)
Quetta Textile / Jul 7 Quetta Textile Mills Limited(QUET)	9.10 ▲ 0.65 (7.69%)
Cres.Star Ins. / Jul 7 Crescent Star Insurance Limited(CSIL)	1.97 ▲ 0.14 (7.65%)
Bal. Wheel / Jul 7 Baluchistan Wheels Limited(BWHL)	71.32 ▲ 4.97 (7.49%)
ZIL Limited / Jul 7 ZIL Limited(ZIL)	133.69 ▲ 9.32 (7.49%)
AL-Noor Sugar / Jul 7 Al-Noor Sugar Mills Limited(ALNRS)	64.28 ▲ 4.47 (7.47%)
Gharibwal Cement / Jul 7 Gharibwal Cement Limited(GWLC)	20.50 ▲ 1.30 (6.77%)
Leather Up Ltd. / Jul 7 Leather Up Limited(LEUL)	14.40 ▲ 0.90 (6.67%)
Bilal Fibres / Jul 7 Bilal Fibres Limited(BILF)	2.23 ▲ 0.13 (6.19%)

Stock	Price
Fazal Cloth / Jul 7 Fazal Cloth Mills Limited(FZCM)	225.50 ▲ -15.50 (-6.43%)
S.G.Power / Jul 7 S.G. Power Limited(SGPL)	4.95 ▲ -0.32 (-6.07%)
F.Treet Manuf / Jul 7 First Treet Manufacturing Modaraba(FTMM)	9.26 ▲ -0.59 (-5.99%)
Kohinoor Power / Jul 7 Kohinoor Power Company Limited(KOHP)	4.10 ▲ -0.20 (-4.65%)
Dewan Sugar / Jul 7 Dewan Sugar Mills Limited(DWSM)	2.38 ▲ -0.11 (-4.42%)
Ashfaq Textile / Jul 7 Ashfaq Textile Mills Limited(ASHT)	10.20 ▲ -0.45 (-4.23%)
Buxly Paints / Jul 7 Buxly Paints Limited(BUXL)	120.00 ▲ -4.97 (-3.98%)
JS Global Cap.XD / Jul 7 JS Global Capital Limited(JSGCL)	75.00 ▲ -2.95 (-3.78%)
Arif Habib Ltd. / Jul 7 Arif Habib Limited(AHL)	43.10 ▲ -1.35 (-3.04%)
Attock Refinery / Jul 7 Attock Refinery Limited(ATRL)	157.90 ▲ -4.91 (-3.02%)

Stock	Volume
Lotte Chemical / Jul 7 Lotte Chemical Pakistan Limited(LOTCHEM)	2,872,857 ▼ 0.00
Tri-Star Power / Jul 7 Tri-Star Power Limited(TSPL)	1,206,500 ▼ 0.00
Agritech Limited / Jul 7 Agritech Limited(AGL)	961,000 ▼ 0.00
Pak Refinery / Jul 7 Pakistan Refinery Limited(PRL)	915,217 ▼ 0.00
Attock Refinery / Jul 7 Attock Refinery Limited(ATRL)	592,610 ▼ 0.00
TPL Properties / Jul 7 TPL Properties Limited(TPLP)	523,143 ▼ 0.00
Nishat ChunPow / Jul 7 Nishat Chunian Power Limited(NCPL)	515,000 ▼ 0.00
Sui North Gas / Jul 7 Sui Northern Gas Pipelines Limited(SNGP)	402,230 ▼ 0.00
Azgard Nine / Jul 7 Azgard Nine Limited(ANL)	333,177 ▼ 0.00
MithchellsFruit / Jul 7 Mitchells Fruit Farms Limited(MFFL)	316,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 6	208.00
USD PKR Interbank Buying / Jul 6	207.80
USD to Japanese Yen / Jul 6	135.65
USD to Swiss Franc / Jul 6	0.97
Pound Sterling to USD / Jul 6	1.19
Euro to USD / Jul 6	1.02
UK LIBOR % / Jul 6	1.56

Stock	Volume
S&P 500 / Jul 6	3845.08
India Sensex / Jul 6	53750.97
Tokyo Nikkei / Jul 6	26338.48
Nasdaq / Jul 6	11361.85
Hang Seng / Jul 6	21405.28
FTSE 100 / Jul 6	7107.77
Dow Jones / Jul 6	31037.68
Germany DAX 30 / Jul 6	12594.52
France CAC40 / Jul 6	5912.38

Item	Value
Crude Oil USD/Barrel / Jul 6	97.80
Karachi Cotton PKR/37.32 KG / Jul 6	16680.00
Gold 10 Grams PKR / Jul 6	118800.00
Gold Spot USD/Ounce / Jul 6	1742.71
Cotton US¢/pound / Jul 6	90.23

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